Americans Not In The Labor Force Rise To Record 93,194,000
Submitted by Tyler Durden on 05/08/2015 08:57 -0400
In what was an “unambiguously” unpleasant April jobs payrolls report, with a March revision dragging that month’s job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called “market” which continues to reflect nothing but central bank liquidity, and thus – the accelerating deterioration of the broader economy.
Are there any reasons for this, i keep seeing and reading it with no follow up of any kind as to how to solve this problem.
Obamanomics
but today, unlike 1977, the electorate has been brainwashed by the schools and the media to not see the true problem and they will continue to put destructive people into office
people were pretty dumb in the 70’s